The information contained herein is based on the Corporation's understanding of the Income Tax Act (Canada) and is provided for general information only. Shareholders are advised to consult their personal tax advisors with respect to their particular circumstances.
U.S. Taxpayers
- Click here to view tax information for United States residents.
- Click here to view information on the cost basis of the restricted stock bonus plan
- Click here to view information on the cost basis of the annual performance award
- Click here to view information on the cost basis of the DRIP
- Click here to view information on the cost basis of the special performance award
2009 Distributions/Dividends
Eligible Dividends for Canadian Tax Purposes
Crescent Point Energy Corp. hereby advises all shareholders that, effective from July 2, 2009, all dividends paid on its common shares will be designated as “eligible dividends” for Canadian income tax purposes. This designation will apply until a notification of a change is posted on this website.
If you have any questions regarding the taxation of eligible dividends, please contact your Canadian tax advisor or your local office of the Canada Revenue Agency.
January - June 2009 Trust Distribution
Units held within an RRSP, RRIF, or DPSP
No amount should be reported on the 2008 individual Income Tax Return (“T1”) in respect of trust units held in a Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), or Deferred Profit Sharing Plan (DPSP).
Units held outside an RRSP, RRIF, or DPSP
Registered unitholders who held units outside an RRSP, RRIF, or DPSP will receive a T3 Supplementary Slip for 2008 (“T3”) from our transfer agent, Olympia Trust Company, on or before March 31, 2009. Individual unitholders must report the taxable portion of such distributions in their 2008 T1. Unitholders who held units through intermediaries such as investment advisers will be issued T3s from those intermediaries on or before
March 31, 2009.
Adjusted Cost Base Reduction
The Adjusted Cost Base (“ACB”) is used in calculating capital gains or losses on the disposition of units held as capital property by a unitholder. The ACB of each unit is reduced by the portion of distributions considered a return of capital.
